MD HB1343

Personal property used in large family child care homes registered under state law is exempt from property tax valuation and taxation in Anne Arundel County

Anne Arundel County and its municipal corporations may grant property tax credits for businesses with at least 25 employees that dedicate space exclusively for registered or licensed child care centers

Property tax credits are also authorized for real property dedicated to day care centers for children, elderly persons, or adults that are properly registered or licensed

Annual tax credits are capped at $10,000 or the actual property tax attributable to the qualifying portion of property, whichever is less

Effective June 1, 2025, applicable to taxable years beginning after June 30, 2025